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The U.S. Commodity Futures Trading Commission (CFTC) this week voluntarily withdrew its appeal against the Kalshi exchange, marking an official end to its policy of cracking down on election betting. This move not only represents a significant shift in regulatory attitudes but also signals the gradu
Election betting in the United States is emerging from the shadows, led by the Silicon Valley-backed derivatives startup Kalshi. Despite ongoing legal disputes with the Commodity Futures Trading Commission (CFTC), Kalshi recently received federal judge approval to offer a political betting market on
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